Having a good selection of investments is good, but having too big a selection can intimidate investors, especially if you’re just starting out. If you’re looking for a simple way to invest for retirement, you don’t need any more new investments. You just need ones you can trust.
For many investors, that one-stop retirement investment was the target-date retirement fund. But during the market meltdown, target fund investors were betrayed by what turned out to be more aggressive investing than some expected. Now, the big question for those looking at target funds is whether they’ve fixed their inherent problems — and whether they’ll be safe the next time the market swoons.